Nolato AB (publ) (NOLA_B) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.916 Hello, and welcome to today's presentation with Nolato, where CEO Casey Wahlquist and 00:00:04.916 -- 00:00:08.199 CFO Paolo Holmström will present a report for the first quarter of 2026. 00:00:08.199 -- 00:00:11.723 After the presentation, there will be a Q&A. 00:00:11.723 -- 00:00:15.027 So if you're calling in and want to ask a question, please press star nine to raise your 00:00:15.027 -- 00:00:18.250 hand, and then star six to unmute yourself when handed the word. 00:00:18.250 -- 00:00:20.712 You can also send in questions via the form to the right. 00:00:20.712 -- 00:00:24.314 And with that said, I hand over the word to you guys. 00:00:24.416 -- 00:00:29.377 Thank you, and welcome to the presentation of Nolato's first quarter of 2026. 00:00:29.377 -- 00:00:34.505 Chris DeWalker speaking here and starting on page two. 00:00:34.505 -- 00:00:37.506 The first quarter, during 00:00:37.650 -- 00:00:43.636 the first quarter of 2026, we saw growth in both our business areas, 00:00:43.899 -- 00:00:46.941 despite a very volatile 00:00:47.425 -- 00:00:50.206 geopolitical situation. 00:00:50.429 -- 00:00:55.972 The total organic growth, if we adjust for currency, ended up at 3%. 00:00:55.972 -- 00:01:01.437 And it was a little bit stronger on the medical side with 5% and 1% on 00:01:01.437 -- 00:01:04.858 the engineer side. 00:01:04.920 -- 00:01:09.824 That summarizes to an EBIT A of 260. And 00:01:09.824 -- 00:01:12.947 of course, the EBIT 00:01:12.947 -- 00:01:16.170 A was strongly affected by currency headwinds 00:01:16.170 -- 00:01:19.030 as we calculated 7%. 00:01:20.273 -- 00:01:25.338 We kept our margins on 11% and sustaining them in a good 00:01:25.338 -- 00:01:30.447 way. And, of course, our strong financial position with 00:01:...